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Egypt
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Urban & Transport
7/10/2023 5:46:38 PM
Egypt’s Suez Canal Economic Zone (SCZone) announced the first successful fueling of a container ship in the Port of Ain Sokhna as the zone launches more fueling service for ships in several ports.
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Egypt
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Urban & Transport
7/2/2023 5:27:03 PM
The Suez Canal Economic Zone (SCZONE) announced the first successful fueling of a container ship in West Port Said port in a statement on Sunday.
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Egypt
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Urban & Transport
7/1/2023 3:44:27 PM
“Fakhr Al-Qanah” floating dry dock crossed the Suez Canal with a 35,000-ton Payload, successfully reaching Port Said Naval Base from South Korea, the Chairman of the Suez Canal Authority (SCA) Osama Rabie announced on Saturday.
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Business
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Economy
6/26/2023 4:49:00 PM
The Suez Canal Authority (SCA) will apply additional transit dues to vessels carrying floating units as of 1 July, according to a circular on Sunday.
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Business
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Markets & Companies
6/24/2023 3:31:16 PM
Bajaj Auto, India's largest manufacturer of two and three-wheel vehicles, has expressed interest in expanding operations in Egypt, as per a press release by the Suez Canal Economic Zone (SCZONE) on Saturday.
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Business
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Economy
6/21/2023 3:06:13 PM
Suez Canal revenue surged by 35 percent to $9.4 billion in FY 2022/23, up from $7 billion the previous year, according to Suez Canal Authority (SCA) Chairman Osama Rabie.
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Business
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Economy
6/20/2023 7:42:21 PM
The Egyptian giant Orascom Industrial Parks signed a $120 million deal with the Indian packaging solutions company Flex Accipto to expand its plant in Sokhna within the Suez Canal Economic Zone (SCZONE).
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Business
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Economy
6/17/2023 9:56:44 AM
United Arab Emirates leader Sheikh Mohamed bin Zayed Al Nahyan probed, in a meeting with Russian President Vladimir Putin on Friday, the possibility of establishing trilateral cooperation with Egypt in the Russian Industrial Zone project located in Egypt’s Suez Canal Economic Zone.
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Business
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Economy
6/8/2023 7:14:02 PM
The Board of Directors of the Suez Canal Economic Zone (SCZone) has approved a series of projects, with international partners, in the fields of manufacturing, green hydrogen, and water desalination, according to a statement on Thursday.
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Business
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Economy
6/7/2023 7:44:15 PM
The Egyptian Cabinet has authorized on Wednesday the creation of a new company under the name: Suez Canal Holding Company for Industries and Naval Services and Investments, with headquarters in Ismailia.
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Business
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Economy
6/5/2023 1:44:33 PM
Suez Canal Economic Zone (SCZONE) announced on Monday inking a contract to establish a factory affiliated with Abdos Labtech Indian company that specialized in manufacturing plastic products used in labs.
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Egypt
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Urban & Transport
6/4/2023 2:26:00 PM
Traffic in the Suez Canal has returned to normal after tugboats managed to tow away the Malta-flagged SEAVIGOUR oil tanker that broke down in the canal on Sunday, disrupting traffic in one of the busiest maritime trade routes.
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Egypt
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Urban & Transport
6/2/2023 4:34:21 PM
Navigation in Egypt's Suez Canal was unaffected on Thursday despite the strong winds and sandstorms that hit the country, Chairman of the Suez Canal Authority (SCA) Osama Rabie said on Friday.
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Business
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Economy
5/31/2023 2:03:35 PM
Egypt's Minister of Planning and Economic Development, Hala El-Said, announced Tuesday in the Senate that the government aims to collect $83 billion in foreign currencies during FY 2023/24 through four streams, according to an official statement.
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World
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International
5/28/2023 9:29:34 PM
Police in Venice are investigating the source of a phosphorescent green liquid patch that appeared Sunday in the city’s famed Grand Canal.
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Business
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Markets & Companies
5/25/2023 6:51:22 PM
Shanghai Shengda, a Chinese company specializing in the production of ready-to-wear clothing and accessories, signed a letter of intent, which was handed to the Chairman of the Suez Canal Economic Zone (SCZone) Walid Gamal El-Din, to establish a factory in Egypt worth $20 million.
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Business
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Economy
5/25/2023 4:01:49 PM
Two Chinese companies presented an offer to the Egyptian government to launch a $300 million steel complex at the Suez Canal Economic Zone (SCZone), according to a statement on Wednesday.
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Egypt
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Urban & Transport
5/25/2023 12:54:05 PM
Egyptian authorities have successfully refloated and towed Xin Hai Tong 23, a Hong Kong general cargo vessel, after it had suffered engine failure while transiting through the Suez Canal earlier on Thursday.
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Business
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Economy
5/22/2023 10:28:31 PM
Chairman of the General Authority for the Suez Canal Economic Zone (SCZone), Walid Gamal El-Din, stressed that the zone provides direct and indirect incentives for investors to operate in the country.
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Egypt
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Urban & Transport
5/8/2023 2:17:59 PM
Egypt said it is exempting the ship that will be involved in the salvage operation of the FSO Safer oil supertanker off the Yemeni coast on the Red Sea from transit fees charged for navigating through the Suez Canal.
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